Renovating the bathroom is any homeowner’s dream project. Why not? The bathroom serves as our personal haven, the only place in your home where you can have your “me-time”. And with that said, we all want it to not only provide us comfort and convenience but also to exude utmost functionality while eliciting a pleasing appeal. However, what mostly concerns us when it comes to renovation is the cost of the project. Times are hard and it has been, more than ever, more difficult to earn money. The cost of living has skyrocketed so why spend so much for a bathroom, right? And in one article I read online, it said:
How much should you spend on your master bathroom? A rule of thumb is that the total project—including materials and installation—should cost no more than 5 to 10 percent of your home’s value. The National Kitchen & Bath Association (NKBA) puts the national average at about $16,000. Another guide is Remodeling Magazine’s Cost vs. Value report, which compares the average cost of various renovation projects with the value they retain at resale. In 2011-2012, mid-range bathroom remodels cost an average of $16,552 and recouped 62 percent, while upscale bathroom remodels cost an average of $52,249 and recouped 56 percent. Here’s how the NKBA breaks down the budget for a typical bathroom remodel. (See full article here.)
Now that you have an idea how a bathroom makeover cost is estimated, it’s time to get down and dirty with planning! Starting a renovation project without a clear-cut plan and set budget may result to overspending. That is why, it is important that you actually know what you want to do with the room; what changes should be implemented; what facets to upgrade and how much money you’re willing to shell out. This way, you won’t be surprised by figures. Here’s an informative article to give you tips on how to budget your bathroom renovation.
You want to remodel your bathroom, but you don’t want to break the bank, and that’s a distinct possibility with any home renovation project. Here’s the skinny on how fat your wallet needs to be to do the remodeling job that you want. And once you know what costs what, you can figure out which corners — or countertops — to cut.
According to Remodeling magazine’s 2005 Cost vs. Value Report, a mid-range bathroom remodel is approximately $10,499, higher or lower depending on where you live (and how you define mid-range). Redoing your bathroom will cost you less in the South and more in the West and Northeast. The report also estimates that such a job will recoup 102 percent of its cost at resale. So at least you know you’re not flushing money down the toilet. An upscale bathroom remodel is estimated to cost $26, 052 — a hefty jump in price — and to recoup about 93 percent of that on resale.
I hope that you learned so much about the average cost of bathroom remodel in Bay Harbor Islands from my post! Don’t hesitate to go back to my site if you need help with bathroom vanities ideas or bathroom colour schemes. And if you need the right people to assist you with the renovation, just call Douglas Orr Plumbing at 305-887-1687 or 954-522-8282 or you can also visit their website at http://www.OrrPlumbing.com!
Are you on a tight budget and want to decorate your bathroom? Watch this video now!